Sunday 26th May 2024

A grain marketer says if corn condition remains favorable it is unlikely a strong rally will take place over the next few weeks.

“It seems like everyone is thinking we’re in for this record crop, both corn and soybeans, and so that’s what’s been weighing heavy on the market.”

Angie Setzer with Michigan-based Citizens Grain however cautions 2016 taught a very valuable lesson about crop progress reports and how the reports might not match final yields.

    

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